As communicated in the 23 March 2016 announcement “EUR 1.5 million released to
Trigon Agri A/S – Conditional upon a partial debt to equity swap to its
bondholders”, Trigon Agri A/S (“Trigon”) has entered into an agreement with a
committee of holders (the “Holders’ Committee”) under its SEK 350,000,000 11%
bonds with ISIN SE0004019008 (the “Bond Loan”).
As is set out in the announcement of 17 May 2016, Trigon is obliged to repay EUR
1.5 million to a blocked account if all applicable conditions for the debt to
equity swap are not fulfilled by 30 June 2016. As certain administrative and
technical aspects of the process have taken more time than initially expected,
the Company and the Holders’ Committee have agreed to extend the time bar as
follows.
· The partial redemption of the Bond Loan in kind shall be carried out by no
later than 30 September 2016.
Investor enquiries:
Mr. Simon Boughton, CEO of Trigon Agri A/S, Tel: +372 6191 500, E-mail:
mail@trigonagri.com
About Trigon Agri
Trigon Agri is an integrated soft commodities production, storage and trading
company with operations in Ukraine, Russia and Estonia. Trigon Agri’s shares are
traded on the main market of Nasdaq Stockholm.
For subscription to Company Announcements please contact us:
mail@trigonagri.com.
If you do not want to receive Trigon Agri press releases automatically in the
future please send an e-mail to the following address:
unsubscribe@trigonagri.com.
The information set out in this press release is announced in accordance with
the Swedish Securities Market Act. The information was submitted for publication
on 29 June 2016 at 8:30 CET.
